Archive · Business Recorder
Govt plans shifting Discos’ tax burden to consumers
ISLAMABAD: The treatment of income tax liabilities of electricity distribution companies (DISCOs) as a pass-through cost in consumer tariffs has emerged as a major concern for the industrial sector, with industry representatives questioning why electricity consumers should bear the tax burden of distribution companies even when they incur losses. According to industry sources the government has reportedly assured DISCOs that their income tax liabilities would be passed on to consumers irrespective of whether a company makes a profit or suffers a loss. The arrangement is drawing strong criticis...
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